Showing 1 - 8 of 8
This paper examines whether subjective expectations of unemployment are reliable indicators of the probability of … becoming unemployed, and investigates their association with wage growth. We find that workers' fears of unemployment are … increased by their previous unemployment experience and by the unemployment experiences of a close friend, and are associated …
Persistent link: https://www.econbiz.de/10010277813
Blanchard (1994) by adding migration. The impact of remittances on unemployment depends on its effect on productivity growth and …
Persistent link: https://www.econbiz.de/10010290667
This paper applies the panel unit root test proposed by Im, Pesaran and Shin (1997) to test for unemployment hysteresis …
Persistent link: https://www.econbiz.de/10010443340
This paper provides some of the first empirical evidence on the psychological impact of past unemployment. Using eleven … lower the greater has been the past experience of unemployment. In this sense, unemployment scars. However, an interaction … term between current and past unemployment attracts a positive coefficient. This suggests a habituation effect whereby the …
Persistent link: https://www.econbiz.de/10010443324
known institutional characteristics. In general, subjective employment insecurity tracks the unemployment rate. …
Persistent link: https://www.econbiz.de/10010277797
persistently confined to the same workers or to particular occupational groups. Individuals with a history of unemployment and … workers' perceptions of unemployment are strong predictors of actual unemployment experiences occurring in the subsequent year …
Persistent link: https://www.econbiz.de/10010290643
This paper investigates the impact of individual heterogeneity and regional influences on unemployment duration … opportunities impact upon the observed distribution of unemployment duration(s). This is an important issue for policy formation and …
Persistent link: https://www.econbiz.de/10010290664
equilibrium unemployment in Britain and the United States during the 1990s. We investigate whether perceptions of job insecurity … contribute to lowering wages. First, we examine the validity of subjective questions about unemployment expectations, using … longitudinal data. We find that workers' fears of unemployment are increased by their previous unemployment experience and by other …
Persistent link: https://www.econbiz.de/10010290700